3 Dividend Stocks Rewarding Investors With Buybacks
From Nasdaq: 2025-01-21 07:15:00
Investors can benefit from dividend-paying stocks and share buyback programs, which can provide income and boost earnings per share (EPS). Dividends offer regular income, while buybacks decrease outstanding shares, potentially increasing stock prices. Citigroup (NYSE: C) declared a quarterly dividend of $0.56 per share and announced a $20 billion stock repurchase program following strong financial performance.
ExxonMobil (NYSE: XOM) increased its quarterly dividend by 4% to $0.99 per share, marking 42 consecutive years of annual increases. The company plans $20 billion in buybacks for 2025 and 2026, along with investments in Guyana, LNG projects, and advanced recycling. Q3 2024 earnings of $8.6 billion and record liquids production demonstrate operational success.
Bank of America (NYSE: BAC) raised its dividend yield to 2.24% and authorized a $25 billion share repurchase program. Q4 2024 earnings of $6.7 billion and full-year results exceeding $27.1 billion in net income show growth. The company is investing in digital capabilities to enhance customer service and operational efficiency, solidifying its commitment to shareholder value.
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